According to the betting platform statistics polymarket , Bitcoin's chances of reaching $100,000 in 2024 are fading away.
November 22 User Confidence polymarket that the BTC rate will rise to $100,000 has increased to a maximum, so the probability of this outcome was estimated at 95%. However, bettors' faith in the success of the cryptocurrency has been shaken, and now the chance that the value of Bitcoin will rise to $100,000, is only 70%.
Bitcoin Price Probability of Reaching $100 in 000
It is obvious that the largest number of gambling members of the crypto community predicted the growth of the Bitcoin rate to $100,000 on November 22, as on this day the price of the asset updated the historical maximum at $99,800. However, then a correction began, which was accompanied by a drop in trading volume, and many lost faith in the resumption of the bull rally before the end of the year.
In this regard, over the past few hours, some customers polymarket bet on that Bitcoin will not rise to $100,000. If they win, they will multiply their capital more than threefold. A successful bet on a positive outcome will bring only 42% profit.
One of the players advised to wait until Monday. According to him, if the cryptocurrency price does not increase on the first working day, the market will continue to correct, and you can forget about breaking the $100,000 barrier in 2024. Otherwise, the bulls will seize the initiative and push the coin price to the cherished figure.
